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Old 04-03-2020, 01:20 PM
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Default Difference between Affiliate Marketing and Referral marketing

Dear members, i would like to know the difference between Affiliate marketing and Referral marketing

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Ronnie
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Old 04-24-2020, 06:02 AM
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Affiliate marketing is when you work with various partners to promote your product. Moreover, they may have referral links. Referral marketing is when not only your partners, but also your customers use your referral links and attract customers to you.
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Old 04-24-2020, 07:37 AM
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Default Thank you for sharing

Thank you for sharing your thoughts on the difference between Affiliate and referral marketing. Keep it up

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Ronnie
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Old 08-20-2020, 03:25 PM
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Oh.. marketing is something special
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Old 10-12-2020, 06:42 AM
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Default Affiliate marketing and Referral marketing

<!--td {border: 1px solid #ccc;}br {mso-data-placement:same-cell;}-->Referral marketing is asking you, customers, to refer your brand to their friends and family and they shall get a reward for doing so.
While affiliate marketing is advocating third-party brands. It works between a brand and an affiliate who is paid to promote the brand.
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Old 10-24-2020, 04:37 PM
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susiparker , thanks for explaining.
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Old 11-01-2020, 10:21 PM
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Quote:
Originally Posted by ronelgon View Post
Dear members, i would like to know the difference between Affiliate marketing and Referral marketing

Regards,
Ronnie
Referral marketing works along with word of mouth. Your existing customers love the products/services of yours, and they recommend it to their peers. You donít pay any customers to promote your brand.
Affiliate marketing is more like referral marketing, but you donít give out rewards for promotions. Instead, you pay the influencers in cash. You pay to the affiliate of your business to sell out your products to others.
Affiliate marketing has a similar structure to referral marketing as they both use incentives to drive new customer revenue.

The key difference is that affiliate marketing focuses on third-party brand advocates to send customers to your business for a flat fee. Where referral marketing is focused on rewarding current customers to invite their friends to try your product/service.
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Old 11-17-2020, 10:20 PM
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Referral marketing, to put it simply, is the process of disseminating information about a product or service through relationships with existing customers of your company, and not using advertising. The word of mouth effect of sharing your business with friends and family also applies to referral marketing. The key difference is that partners and webmasters who participate in affiliate programs do it to generate income, not bonuses from the company. In many cases, they are not even clients of the firm whose products or services are being promoted. That is, affiliate marketing involves the participation of professional marketers, and not ordinary customers of the company, who are looking for an opportunity to save money or get a pleasant promotion from the brand. If you want to get to know something like this in practice, visit iliketodabble.com. I think this is a great solution for you.

Last edited by avaloniastar; 11-18-2020 at 11:41 PM.
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